NEW YORK, January 5, 2015 – Milbank was honored with five top awards at the 9th Annual M&A Advisor Turnaround Awards. The M&A Advisor Turnaround Awards recognize the best of the distressed investing and reorganization industry in 2014. Milbank provided counsel for the following award winning deals:
- Restructuring of Momentive Performance Materials Inc. – Restructuring of the Year (Over $3 Billion to $5 Billion) and Community Impact Award
- Merger of American Airlines and US Airways – Chapter 11 Reorganization of the Year (Over $1 Billion) and Distressed M&A Deal of the Year (Over $1 Billion)
- Restructuring of an Interactive Media Company – Restructuring of the Year (Over $500MM to $1 Billion)
The awards will be presented at an Awards Gala on Monday, February 23 at the Colony Hotel, Palm Beach, FL, in in conjunction with the 2015 M&A Advisor Distressed Investing Summit.
Financial Restructuring partners Dennis Dunne and Samuel Khalil led the Milbank team representing an ad hoc committee of creditors in the restructuring of Momentive Performance Materials Inc. Other Milbank team members included partners Michael Hirschfeld and Aaron Renenger (Litigation), Russell Kestenbaum (Tax), Andy LeBlanc (Financial Restructuring and Litigation), Paul Denaro and Rod Miller (Global Securities), Alexander Kaye (Corporate), Abhilash Raval (Financial Restructuring), special counsel Scott Golenbock (Corporate), attorney Lena Mandel (Financial Restructuring), of counsel Dennis O’Donnell (Financial Restructuring), and associates Eric Stodola (Financial Restructuring), Sam Badawi (Global Securities) and Dawn Harrop (Litigation).
Financial Restructuring partner Gerard Uzzi led the Milbank team representing an ad hoc committee of creditors in the restructuring of American Airlines. Other Milbank team members included retired partner Tom Janson (Corporate), partners Mark Mandel (Corporate), Russell Kestenbaum (Tax) and Sean Murphy (Litigation), special counsel Brian Kelly (Corporate) and associates Eric Stodola and Matthew Brod (Financial Restructuring).
Financial Restructuring partner Mark Shinderman and Corporate partner Neil Wertlieb led the Milbank team representing 1st lien lenders in a Chapter 11 Plan of Reorganization for the Interactive Media Company. Other Milbank team members included associates Brian Stern and Peter Wang (Corporate) and David Zolkin (Financial Restructuring).
